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did you know that the ocean produces half of the worlds oxygen the ocean is vital to our world since it covers 71 of the Earths surface phytoplankton also known as microalgae a small plant-like creatures found in the water that produce 50 of the oxygen on Earth just like terrestrial plants they use chlorophyll to catch sunlight and employ photosynthesis to turn it into oxygen as a byproduct they also consume carbon dioxide transferring around 10 gigatons of Earths CO2 from the atmosphere into the ocean each year the oceans also influence the global climate oceans regulate temperature and dictate weather patterns influencing rainfall droughts and floods furthermore the ocean absorbs a docHub amount of heat from the Sun over the last 50 years the ocean has accounted for more than 90 of global warming that heat is carried around the world by sea currents to the poles from north to south because of its salt content sea water evaporates and becomes denser and heavier as a result it